This Purchase Order contract for Business Admin Services was awarded in FY2022 on June 10, 2022 to Marriott International by National Institute of Arthritis and Musculoskeletal and Skin Diseases. There have been $25k in obligations to date with a ceiling value of $25k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 1 year duration with ultimate completion date of July 10, 2023.
Marriott International is a contractor located in MD, doing primarily Passenger Travel work for Army. The company receives $1.8M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
Purchase orders offer the Federal Government an avenue to streamline smaller purchases. Compared to the typical procurement process, where a requirement moves through several milestones before award, purchase orders allow for a quick turnaround to fulfill commodity and service needs. The total value of a transaction is the primary prerequisite for the use of purchase orders. In more familiar terms, purchase orders resemble a trip to a local retail store to buy a few items.
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